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DAILY BRIEFING: LITE EDITION | A preview of today's news & insights for the beverage industry. |
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| 📊 Data Dive | | | While brands are still working to reverse volume declines as they lap last year’s record inflationary period, non-alcoholic beverage sales in retail remained “healthy” but decelerated in the two-week period ending August 12, growing 6.7%, according to Goldman Sachs Equity Research’s latest analysis of NielsenIQ data. Subscribe to BevNET for access to the full report. |
| | 👉🏼 What You Need to Know 👈🏼 | | | This year Brown-Forman and Coca-Cola brought two of the biggest names in beverage together for a Jack & Coke RTD. What’s next for the popular canned barcall? - We chatted with Brown-Forman’s RTD Director about why the company has leaned in on the Jack Daniels brand equity and partnerships with beer and soft drink companies, over building or acquiring new RTD brands.
- After debuting in Mexico last fall, the RTD rolled out in the U.S. in March, now innovation is focused on quick packaging wins.
- The opportunity to “talk to new consumers” was the driver for a Coca-Cola partnership.
- But will the RTD bring new drinkers into the Jack Daniel’s family of brands?
Read the full story on BevNET |
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| | Watch founders and CEOs introduce their brands and provide a recap of recent news and updates. This week's special co-host is Alex Sonageri, a consumer investor with Blackstone Growth, who shared his thoughts, questions and feedback with the participants. Watch the full episode on BevNET |
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